The Manufacturers Life Insurance Company Has $73.97 Million Stock Holdings in iShares Global Infrastructure ETF $IGF

The Manufacturers Life Insurance Company reduced its position in shares of iShares Global Infrastructure ETF (NASDAQ:IGF) by 16.2% in the 1st quarter, Holdings Channel reports. The firm owned 1,104,033 shares of the company’s stock after selling 214,138 shares during the period. The Manufacturers Life Insurance Company’s holdings in iShares Global Infrastructure ETF were worth $73,970,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IGF. BlueChip Wealth Advisors LLC boosted its holdings in shares of iShares Global Infrastructure ETF by 3.6% in the 1st quarter. BlueChip Wealth Advisors LLC now owns 4,256 shares of the company’s stock valued at $285,000 after purchasing an additional 149 shares in the last quarter. Waverly Advisors LLC increased its stake in shares of iShares Global Infrastructure ETF by 1.4% in the 1st quarter. Waverly Advisors LLC now owns 12,479 shares of the company’s stock valued at $836,000 after purchasing an additional 169 shares during the last quarter. National Bank of Canada FI raised its holdings in shares of iShares Global Infrastructure ETF by 12.3% during the 3rd quarter. National Bank of Canada FI now owns 1,629 shares of the company’s stock worth $100,000 after buying an additional 179 shares in the last quarter. Worth Financial Advisory Group LLC raised its holdings in shares of iShares Global Infrastructure ETF by 2.2% during the 4th quarter. Worth Financial Advisory Group LLC now owns 8,482 shares of the company’s stock worth $520,000 after buying an additional 185 shares in the last quarter. Finally, Quadrant Private Wealth Management LLC raised its holdings in shares of iShares Global Infrastructure ETF by 3.5% during the 1st quarter. Quadrant Private Wealth Management LLC now owns 5,603 shares of the company’s stock worth $375,000 after buying an additional 191 shares in the last quarter.

iShares Global Infrastructure ETF Stock Down 0.7%

Shares of IGF stock opened at $66.31 on Thursday. The business has a fifty day simple moving average of $66.76 and a 200 day simple moving average of $66.60. The company has a market cap of $10.85 billion, a P/E ratio of 20.10 and a beta of 0.61. iShares Global Infrastructure ETF has a twelve month low of $58.59 and a twelve month high of $69.60.

iShares Global Infrastructure ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a dividend of $0.9337 per share. The ex-dividend date of this dividend was Monday, June 15th.

iShares Global Infrastructure ETF Profile

The iShares Global Infrastructure ETF (IGF) is an exchange-traded fund that is based on the S&P Global Infrastructure index, a market-cap-weighted index of global infrastructure companies. IGF was launched on Dec 10, 2007 and is managed by BlackRock.